Thursday, March 5, 2015

AGI March 4, 2015

AGI  P 24.10

- broke thru the DAILY ma50.
- waiting for the RSI(30) to follow and maintain its course
- P24.20 is the immediate resistance
- still bearish with very promising reversal turn in the horizon


Wednesday, March 4, 2015

PGOLD March 4, 2015 50ma Bounce Play

PGOLD  P 41.15

- looks like it is going to be a good bounce, as the price crossed the 50ma DAILY and WEEKLY at the same time.
- RSI(30) above 50 level is a good indication too
- strong resistance is seen at P43-44 area